Liberty, fraternity, plutocracy
I’m really starting to hate this novel:
Michael Bloomberg, the billionaire founder of a business news empire, is preparing to run for president as a Democrat, The Times understands.
Mr Bloomberg, 76, a former mayor of New York with a personal fortune of more than $50 billion, has previously considered running as an independent but decided against it in 2012 for fear of splitting the Democratic vote.
He has told confidants that he is planning to join the presidential race, in which several leading business figures could follow the example of Donald Trump and throw their hats in the ring.
“Mike Bloomberg told me he is going to run in 2020,” a source said. “He has the money to see it through while other candidates knock themselves out.”
If he runs I do expect him to become the darling of reactionary centrists and Third Way doofi, who collectively make up 2.72% of the U.S. population and 38.67% of all elite media pundts.
ETA: My concern here is not that Bloomberg could win the nomination, but rather that his pride gets badly bruised after he discovers that a multi-billionaire best known for his racist stop and frisk policing policies has zero attraction to 98% of Democratic primary voters. This could trigger a third party run, which would probably hurt the Democratic nominee more than it would hurt Trump, whose supporters are likely to be turned off by Bloomberg for (((other))) reasons.